Credit rating agency, ICRA has reaffirmed rating of ‘A2+’ for Short-Term Fund Based / Non Fund Based Limits and Commercial Papers of Reliance Communications (RCom). The credit rating agency has also upgraded its outlook to stable from negative on the Long Term rating ‘BBB+’ of the company.
RCom is engaged in providing information and communications services. It provides telecom services for mobile and fixed line telephony. It offers code division multiple access (CDMA), global system for mobile (GSM), and 3G wireless services, wireline, voice, data, video, internet services.
